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20130104
20130112
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CSPAN 3
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CSPAN
Jan 11, 2013 6:00am EST
chief of staff jack lew to head the treasury department. he praised outgoing secretary tim geithner. if confirmed, he would take over the treasury department's before the white house and congress debates the debt ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states accompanied by some of tim geithner and sap jack lew. >> men, everybody, please have a seat. a little more than four years ago, i stood with mr. tim geithner and denounced him as my first to my cabinet. we were barely two months into the financial crisis, the stock market have quivered, the housing market had cratered as well, a bank after bank was on the verge of collapse, and worst of all, more than 800,000 americans would lose their jobs in just a bad month. and the bottom was not yet in sight. i cannot blame tim when he told me he was not the right guy for the job. [laughter] extensivet tim's experience with economic policy made him qualified and i knew he could hit the ground running. as chairman of the new york federal reserve, he had just spent several sleepless and chaotic weeks
CSPAN
Jan 11, 2013 1:00am EST
] >> coming up next, president obama's announcement for jack lew to become the next treasury secretary. >> friday marked the 11th anniversary of the opening of the guantanamo bay. coming up, the american foundation hosts a discussion on the present's pledge to close the facility. live, here on c-span. >> if you ask how many self identify as libertarians, depending on which poll, you might get 10% or 15%. if you give people a battery of questions about different ideological things, and then you track those to different ideologies, then you get up to 30% of americans. if you ask the following question, are you economically conservative social liberal, you get over half of americans calling themselves. just because people say these things, it does not necessarily mean they really believe that. if you ask most americans if they want smaller government, they say yes. spend less money, yes. they do not want to cut anything though. it is not sure -- it is not clear there really believe in it. libertarians, if they were conscious and political, it could be a big movement. it could be a big gro
CSPAN
Jan 10, 2013 9:00pm EST
to see him go. but i cannot think of a better person to continue tim's work at the treasury than jack lew. this is bittersweet not only because tim is leaving, but also because jack has been my chief of staff for the last year. he was my budget director before that. i trust his judgment. i value his friendship. i know fewer people with greater integrity than the man to my left. i do not want him to go, because it is working out really well for me to have him here in the white house. but my loss is the nation's game. jack has the distinction of having worked and succeeded in some of the toughest jobs in washington and the private sector. he helped negotiate the deal between president reagan and tip o'neill to save social security. under president clinton, he oversaw three budget surpluses in a row. for all the talk out there about deficit reduction, and making sure our books are balanced -- he is the guy who did it. 3 times. he helped oversee one of our nation's finest universities and one of our largest investment firms. -- banks. in my administration, he has managed operations for the st
Search Results 0 to 2 of about 3